Carbon credit solutions firm Abatable is establishing its first international office in Singapore, marking a strategic expansion into the Asia-Pacific region. The move positions the UK-based company closer to a fast-growing market of corporations looking to scale up climate initiatives through voluntary carbon credits.
Abatable’s new base in Singapore will serve as its regional headquarters for APAC, where it will support companies in designing and executing high-integrity carbon procurement strategies.
The firm has named Bryan McCann, a seasoned figure in environmental finance, as Head of Carbon Solutions APAC. McCann’s appointment underscores Abatable’s commitment to navigating complex carbon markets alongside regional partners.
McCann, previously a Senior Director at Climate Impact X and a key architect of the LEAF Coalition, brings a wealth of experience in both public-private partnerships and sustainable finance. “Abatable’s deep expertise in the market and track record in driving meaningful climate impact will benefit corporate buyers and help with the unique sustainability challenges faced by APAC organisations,” he said.
Abatable tapping into the carbon potential of Singapore
Singapore has emerged as a key player in global carbon markets, bolstered by proactive policies like carbon taxes and an ambition to be a carbon trading hub. The country’s recent government-launched tender for the supply of high-quality, nature-based carbon credits, successfully attracted nearly $1 billion (S$1.3 billion) from 17 different submissions.
As Southeast Asia’s demand for credible climate solutions grows, the city-state offers an ideal launchpad for scaling carbon finance. According to Abatable, ASEAN carbon markets could unlock up to $3 trillion in value by 2050—an opportunity the company is keen to help shape.
“Establishing our first international presence in Singapore represents a significant milestone in Abatable’s growth journey,” said Valerio Magliulo, CEO and Co-founder of Abatable. “The Asia-Pacific region is home to many of the world’s largest corporations that are increasingly prioritising voluntary climate action as part of their sustainability strategies.”
